For Sale

$650,000

HIGHLIGHTS:
  • Active
  • $8,983/month
  • 11 DOM
  • 2 Stories
  • 0 Beds
  • 3,200 SqFT
Description

Located just minutes from the main campus of Texas A&M University, this fourplex is successfully operating as a hybrid mid-term/short-term rental and is outperforming long term rental only rates. There is a 2-night minimum Airbnb rental and a few short-term leases of 1-6 months initiated by clients coming from all over the world who come to the campus for research and engineering projects. Each unit is 2 bed/1bath. All four units are fully furnished. Roof was replaced in 2021. Recently painted and upgraded, owners successfully grossed ~$75,000 last year in rental income. Quadplex is for sale individually, or as part of a package deal. See also 706 Navidad and 800 Navidad.

Overview
  • MLS Number: 87580759
  • Type: Multi-Family - Fourplex
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: 3,200 SqF
  • Land Size:
  • Year Built: 1979
Financial
Price:
$650,000
Price/SqFT:
$203.13
HOA Fee:
Tax Rate:
1.9829 %
Est. Monthly:
$8,983 *
Tax Amount:
$12,889
Amenities and features
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Heating:
    Central Electric
    Cooling:
    Central Electric
  • Roof:
    Composition

Listed By:
Amy Beck

ERA Colonial Real Estate

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